Thursday, 13 August, 2020 - 15:00
Woodside posts $US4bn first-half loss
Woodside Petroleum has reported a net loss of $US4.1 billion ($A5.7 billion) in the first half of 2020, despite achieving record output in the six months to December 30.
Peter Coleman is the former chief executive and managing director of Woodside Petroleum, including the North West Shelf venture. Mr Coleman joined Woodside from ExxonMobil in May 2011 where he has served as vice president for development company, senior vice president for Indonesia, and vice president for Americas division. He stepped down from the board in April 2021 and will retire from the company in June 2021 after ten years as chief executive.
Mr Coleman began his career at Esso Australia following graduation from Monash University.
Mr Coleman is a UWA Business School board member, and was appointed as a UWA adjunct professor in corporate strategy in 2012. He sits on the executive committee of the Australia Japan Business Co-operation Council, and is a commissioner at the WA Football Commission.
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Woodside Petroleum has reported a net loss of $US4.1 billion ($A5.7 billion) in the first half of 2020, despite achieving record output in the six months to December 30.
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Woodside Petroleum’s Scarborough LNG project faces a new hurdle after the Conservation Council of WA lodged a Supreme Court action to overturn environmental approvals.
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Woodside is making hard work of its simultaneous energy and management transitions.
The difficulty of building large scale hydrogen export projects has been brought into sharp focus after a multi-billion dollar Pilbara proposal was knocked back on environmental grounds.
Perth company Infinite Blue Energy has achieved a recruiting coup, signing up former Woodside Petroleum chief executive Peter Coleman as its chairman.
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Our weekly appointments wrap includes Colin Murphy, Michael Schaper, Steven Dobson, Ting Xu, Chris Hood, Julie Quinlivan, Peter Coleman and Fiona Marshall Staines.
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Mark Beyer and Mark Pownall discuss takeover deals for MMA and APM; hydrogen approvals challenges; payroll tax; WA’s gas market; and resource export outlook.
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